Syngenta and DuPont announce crop protection technology exchange

Syngenta and DuPont announced a technology-sharing agreement today, which give Syngenta access to a DuPont insecticide, and DuPont access to a Syngenta fungicide.

As part of the agreement, which is subject to national regulatory approvals, Syngenta will acquire an exclusive worldwide license to develop DuPont's insecticide Rynaxypyr, a bisamide class insecticide used to control lepidoptera pests, in mixtures with its own insect control products. DuPont will continue with its commercialization plans for straight Rynaxypyr. Syngenta Crop Protection Chief Operating Officer John Atkin says his company plans the first launches of products containing Rynaxypyr in 2009.

In exchange, DuPont will acquire worldwide rights to Syngenta's strobilurin fungicide picoxystrobin, including access to companion products used in mixtures. The fungicide, currently sold as Acanto, is marketed in Europe for use on cereals, and will be expanded for use on soybeans in Latin America.

Syngenta and DuPont announced a technology-sharing agreement today, which give Syngenta access to a DuPont insecticide, and DuPont access to a Syngenta fungicide.